IBA Participates in Global Sourcing Summit

November 10, 2004, San Jose, CA. From November 7 to November 9, IBA participated in the invitation-only Global Sourcing Summit that was held in Bonita Springs, FL. Organized by Vision Events®, a Gartner, Inc. (NYSE: IT and ITB) company, the summit brought together 150 IT and business executives from Fortune 1000 companies, leading service providers, Gartner analysts, and other industry experts.

The program of the Summit included Gartner insight sessions, vendor case study presentations, round table discussions, one-on-one meetings, and networking events. The Global Sourcing Summit opened with a keynote address by Dr. Michael Treacy, the market strategist and best selling author, who will present his prediction for the future in the marketplace and share his personal experiences of global outsourcing, including offshoring to Russia and Eastern Europe. Afterwards, top Gartner analysts will provide a valuable insight into market conditions and leverage their globally renowned expertise to assist companies engaged in outsourcing.

IBA is planning to deliver a case study presentation entitled “Outsourcing to Eastern Europe: IBA Perspective”. As IBA is representing Eastern Europe at the Summit, its case study will deal with outsourcing to this region. At present, Eastern Europe is considered to be one of the fastest-growing regions in the world. Countries in Eastern Europe have become centers for IT outsourcing because of their geographical proximity to Western Europe, European culture, and skilled and low-cost labor force. The recent accession of several East European states to the European Union was among the factors that fostered the region's development. Software outsourcing to Eastern Europe is increasingly relied upon by many Western companies to create high quality products in a cost-effective and timely manner.

IBA's experience in outsourcing spans more than 11 years. Initially a small Belarusian firm of fewer than ten employees, IBA has evolved into an international group with a workforce of more than 1,500 people. Headquartered in Prague, Czech Republic, its offices are located in the United States, Germany, Cyprus, and Russia and its development centers in Belarus and Czech Republic. Today, IBA is the largest IT service provider in Eastern Europe and the former USSR.

At Global Sourcing Summit, the company would like to showcase its services, establish contacts with business people interested in outsourcing, meet with industry gurus, gain insight into the latest market trends, and simply find new friends.

About Vision Events

Vision Events is a leading producer of highly focused, business-intensive events that emphasize one-on-one meetings and guaranteed private boardroom appointments between vendors and their key customers and prospects. Each event, domestic and international, is designed to enable leading and emerging technology vendors to establish new alliances and build new business with high-level decision-makers who participate by invitation only. For more information, visit www.visionevents.com.

About Gartner

Gartner, Inc. (NYSE: IT and ITB) is the leading provider of research and analysis on the global information technology industry. Gartner serves more than 10,000 clients, including chief information officers and other senior IT executives in corporations and government agencies, as well as technology companies and the investment community. The Company focuses on delivering objective, in-depth analysis and actionable advice to enable clients to make more informed business and technology decisions. The Company's businesses consist of Gartner Intelligence, research and events for IT professionals; Gartner Executive Programs, membership programs and peer networking services; and Gartner Consulting, customized engagements with a specific emphasis on outsourcing and IT management. Founded in 1979, Gartner is headquartered in Stamford, Connecticut, and has more than 3,700 associates, including approximately 1,000 research analysts and consultants, in more than 75 locations worldwide. For more information, visit www.gartner.com.

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